by Rajendra Jadhav and Mayank Bhardwaj (Reuters) India plans to extend a ban on sugar exports for the second straight year as the world's biggest consumer of the sweetener grapples with the prospects of lower cane output, government sources said. New Delhi also plans to
sugar prices
Back TO HOMEBrazil Mills Boost Sugar Capacity, 'Leave' Ethanol to Corn Processors
by Marcelo Teixeira (Reuters) Brazil cane mills will boost their sugar production capacity as much as 10% in the new season from April to take advantage of relatively high sugar prices and as increasing supplies of corn make the grain a
March 08, 2024 Read Full Article
Govt Plans to Procure More Maize to Ramp up Production of Ethanol
by Zia Haq (Hindustan Times) ... India has drawn up plans to divert more maize to make ethanol for the country’s fuel-blending programme and ramp up output nearly 10 times in five years, three officials said on Monday. Maize, or corn, the
March 05, 2024 Read Full Article
OMCs Raise Ethanol Procurement Price to Boost C-Heavy Molasses Utilization
by Abha Rustagi (Energetica India) This decision aims to make the production of ethanol from C-heavy molasses, a byproduct of sugar processing with low sugar content, more appealing for sugar mills. -- In a strategic move to incentivize the production of
December 30, 2023 Read Full Article
Govt to Buy Maize at MSP, Raise Output to Meet Biofuel Needs
by Zia Haq (Hindustan Times) The Union government has signed off on a plan to procure maize at federally fixed minimum support prices (MSP) while increasing its output and productivity by expanding the area under cultivation, as part of a strategy to meet
December 11, 2023 Read Full Article
No Dilution in Ethanol-Petrol Blending Plan Despite Sugar Feedstock Curbs: Govt
by Sukalp Sharma (The Indian Express) The decision to stop diversion of sugar cane juice and sugar syrup for ethanol production, taken to ensure enough sugar supply in the country and keep prices of the sweetener in check, led to concerns
December 08, 2023 Read Full Article
More Acres, More Bushels: A 10-Year Look at How Corn and Soybean Production Has Exploded in Brazil
by Katie Humphreys (AgWeb) ... In 2014, Brazil produced 10% fewer soybeans than the U.S. Now, they produce 45% more, even with the U.S. increasing production by 10% during that time. Soybean yields in South America and the U.S. are comparable. Most
December 05, 2023 Read Full Article
The Global Sugar Shortage Is about to Ease Thanks to a Corn Supply Boom
by Dayanne Sousa (Bloomberg/Economic Times) For consumers fighting rampant food inflation, the plunging sugar prices will be a respite. The global sugar shortage had caused prices of the item to rise up to an 11-year-high. ... A global sugar crunch that drove
September 25, 2023 Read Full Article
Exclusive: India Set to Ban Sugar Exports for First Time in 7 Years
by Rajendra Jadhav and Mayank Bhardwaj (Reuters) India is expected to ban mills from exporting sugar in the next season beginning October, halting shipments for the first time in seven years, as a lack of rain has cut cane yields, three
August 23, 2023 Read Full Article
Mubadala Bets on Ethanol, Not Sugar, with New Brazil Cane Investment
by Marcelo Teixeira (Reuters News/Zaway) Bruno Serapiao, CEO of Atvos said that a deal by the asset management arm of UAE's investor Mubadala Investment to acquire a 31.5% stake in Atvos should happen later this year or early next year --
August 14, 2023 Read Full Article
New Cane Variety Developed Jointly by TNAU and ICAR Sugarcane Breeding Institute in Coimbatore in High Demand
(The Hindu Bureau) ... Owing to the ethanol policy, the sugar mills are gradually coming out of red, and are able to settle pending dues to the farmers, banking on the most productive varieties of sugarcane. Of the nearly 375 tonnes
April 12, 2023 Read Full Article
Ethanol Plants to Be Set up in All Cooperative Sugarmills in Haryana: Minister
(Hindustan Times/MSN) The Haryana government has decided to set up ethanol plants in all the cooperative sugarmills to improve their financial condition and help clear payments of farmers on time, cooperative minister Banwari Lal said on Tuesday, as crushing operations began
November 17, 2022 Read Full Article
Election-Time Brazil Gasoline Tax Cut to Lead Mills to Shun Ethanol
by Roberto Samora and Marcelo Teixeira (Reuters) Brazilian President Jair Bolsonaro's move to sharply cut taxes on fuels, particularly gasoline, to boost his reelection chances has squeezed ethanol's profit margins and is expected to lead mills to shun the biofuel and
September 13, 2022 Read Full Article
India’s Sugar Industry Set for Windfall Amid Ethanol Push
by Ravi Gupta (Times of India) India’s determination to increase use of biofuels drove a massive increase in ethanol production in the last 5 years and continuing. The demand for ethanol is keeping the pace and is only set to grow
August 17, 2022 Read Full Article
Brazil's Most Populous States Cut Local Taxes on Ethanol
by Gabriel Araujo, Leticia Fucuchima and Marcelo Teixeira (Reuters) The governments of Sao Paulo and Minas Gerais, the two most-populous Brazilian states, on Monday cut local taxes on ethanol, a move followed by Parana state, in a bid to make
July 18, 2022 Read Full Article
New Brazil Law Reinstates Biofuels' Tax Advantage over Fossil Fuels
by Rafaella Barros and Marcelo Teixeira (Reuters) New legislation approved by the Brazilian Congress late on Wednesday reinstates a tax advantage to biofuels compared with fossil fuels, which should benefit companies producing ethanol in the long-term, analysts said on Thursday. Brazil's lower
July 15, 2022 Read Full Article
SOFTS-Raw Sugar Down to Near Four-Month Low on Brazil Fuel Move
Marcelo Teixeira and Maytaal Angel (NASDAQ/Reuters) ...Raw sugar futures on ICE fell to the lowest since early March on Monday as Brazil's richest state cut taxes on gasoline, possibly leading mills in the country to produce less ethanol and more sugar. ... Dealers
June 29, 2022 Read Full Article
High Energy Prices Fuel Investor Interest in Brazil's Idle Biofuel Capacity
by Marcelo Teixeira (Reuters) High ethanol prices boost investor interest for plants in Brazil; U.S. fund sees inexpensive, unused capacity available; Around 40 plants are being offered as positive moment spurs M&A -- High ethanol and sugar prices have investors
June 08, 2022 Read Full Article
Efforts on to Introduce Ethanol in Agri, Construction Equipment: Gadkari
(Press Trust of India/India Standard) Union Minister Nitin Gadkari on Saturday stressed on the need to switch to alternative fuel like ethanol and said efforts are on to introduce ethanol in construction and agriculture equipment. The Union road transport and highways minister said the country imports petroleum products
June 08, 2022 Read Full Article
Roadmap for Ethanol Blended Petrol (EBP) in India
(The Statesman) ... For the past two decades, India has been making progress towards putting in place an ecosystem to increase the quantities of fuel-grade ethanol blended into petrol under the Ethanol Blended Petrol (EBP) program for its use in
June 06, 2022 Read Full Article
Brazil Mills Cancel Sugar Export Contracts, Shift to Ethanol
by Marcelo Teixeira (St. Kits and Nevis Observer/Reuters) Brazilian sugar cane mills are cancelling some sugar export contracts and diverting production to ethanol to cash in on high energy prices, according to people with direct knowledge of the deals, raising
May 17, 2022 Read Full Article
Sugar Mills Earn ₹35,000 cr Revenue by Sale of Ethanol in 4 Years
(The Hindu Business Line) ln the sugar season 2020-21, 22 lakh tonnes (lt) of sugar has been diverted to ethanol. Sugar mills in the country earned a revenue of around ₹35,000 crore by selling ethanol to the oil marketing companies
January 04, 2022 Read Full Article
Commodities 2022: Asian Industrial Ethanol Import Prices May Rise
by Donavan Lim (S&P Global Platts) Far East buyers to pay more for ethanol in 2022; Higher ethanol blending mandate in Philippines in 2022 -- Asian industrial and beverage grade ethanol import prices may rise in 2022 as key exporter Brazil sees
January 04, 2022 Read Full Article
Brazil Reduces Tariff on Ethanol Imports from 20% to 18%
by Erin Voegele (Ethanol Producer Magazine) The USDA Foreign Agricultural Services on Nov. 12 announced Brazil took action on Nov. 5 to enact a unilateral 10 percent reduction of import tariffs on 87 percent of all goods and services through the
November 24, 2021 Read Full Article
Govt Assures Ethanol Blending Plan Will Not Affect India's Food Security
(MSN/BusinessToday.IN) The Ministry of Petroleum & Natural Gas said on Thursday that India's ambitious Ethanol blending plan will not affect the country's food security as meeting food grain demand is the top focus of the government. Noting that certain reports
October 08, 2021 Read Full Article
Sweet Talks: Troubled Sugar Industry Pushes for Govt Subsidy to Get into the Biofuel Game
(News 24) SA’s sugar industry is in talks with the government over a potential subsidy that could see it convert more than a third of its annual output into biofuel. The discussions follow the signing of the so-called Sugar Master
October 07, 2021 Read Full Article
The Sky’s the Limit for South Africa’s Sugar Industry if It Finds the Aviation Biofuels Sweet Spot
by Andrew Russell (Daily Maverick) ... All these moves show that the transition to sustainable aviation fuels is accelerating quickly. As the sector takes off, the only question is whether South Africa will ride the trend on the way up. The South
August 02, 2021 Read Full Article
India Ethanol Push Cheers Brazilian Sugar Producers
(Argus Media) Brazil's sugar industry stands to benefit from India's decision to expand its ethanol market, converting more of the subcontinent's otherwise exportable sugar into biofuel and shifting more global demand for the sweetener onto Brazil's shoulders. Indian prime minister Narendra Modi
June 28, 2021 Read Full Article
United States, Brazil Expected to Constrain Ethanol Output in Coming Months
(GrainNet/Reuters) The United States and Brazil, the world’s top two ethanol producers, are expected to hold down production in coming months because of the surging cost of corn and sugar. Tight corn and sugar supplies are passing through to ethanol costs, making
June 22, 2021 Read Full Article
India Brings forward by 2 Years 20% Ethanol Blend to Gasoline
(Reuters) India's government will bring forward to 2023 from 2025 the possibility of fuel companies selling gasoline containing up to 20% of ethanol (E20), according to brokers and a publication in the country's official gazette on Wednesday. It is the second time
June 03, 2021 Read Full Article
Green-Fuel Push Stirs Food Inflation Fears in Rebound From Virus
by Kim Chipman (Bloomberg) Oil refiners’ attempt to clean up their act is bumping into growing concerns over food prices and supplies as nations seek to get back on their feet -- Soaring demand for crops has once again raised
May 21, 2021 Read Full Article
India’s Ethanol Plan Seen Erasing Exportable Sugar Surplus
(Business Recorder/Reuters) India’s government plan to increase ethanol blending in gasoline will erase the country’s exportable sugar surplus in two to three years, according to the chairman of a large Indian company in the sector. Speaking during the Santander ISO Datagro New
May 20, 2021 Read Full Article
Transatlantic Trade-Offs: Europe Faces a Potential Flood of Imports
by Emmanuel Desplechin (ePURE/Ethanol Producer Magazine) The recent U.S. presidential election has spurred a lot of talk about what the new administration will mean for the transatlantic trade relationship after four years of on again, off again tariff wars. ... Europe faces
December 30, 2020 Read Full Article
20th Datagro Conference on Sugar and Ethanol: COVID 19 Impacts and Renovabio Set the Agenda
by Isabela Rodrigues* (Advanced Biofuels USA) In October, The 20th Datagro Conference on Sugar and Ethanol 2020 took place over a virtual platform with more than 4000 attendees. This year, Brazilian government authorities including Vice President Hamilton Mourão, Secretary of Amazon
November 27, 2020 Read Full Article
Ethanol Use Seen Growing Quickly in India, Not as Much in Thailand
by Marcelo Teixeira (Reuters) Ethanol production and consumption in India, the world’s third largest fuel market, is expected to increase quickly in coming years as the government seems keen to push the industry to higher blend rates, an industry official said on
October 27, 2020 Read Full Article
Article: How COVID-19 Will Affect Global Biofuels Demand
(IHS Markit/FO Licht) There is also early evidence that as restrictions have been lifted in China, more people there are preferring to travel by private cars or taxis rather than taking public transport—it is highly likely this will happen in
April 07, 2020 Read Full Article
Brazil's Ethanol Distributors, Producers in Crisis Management Mode
by Phillip Herring (S&P Global Platts) Ethanol distributors and producers in Brazil have been adapting to the plunge in domestic demand caused by coronavirus pandemic. Special crisis management teams at each of the largest ethanol firms have been organized to meet
April 06, 2020 Read Full Article
Oil’s Epic Crash Reminds Farmers They’re Also Energy Traders
by Isis Almeida, Michael Hirtzer, and Jen Skerritt (Bloomberg) Oil’s nosedive is sending farmers a stark reminder: they also need to be energy traders. -- Growers have become more vulnerable to energy swings over the past decades as nations from the
March 10, 2020 Read Full Article
The World Is Running Short of Sugar and Top Buyer Wants More
by Yoga Rusmana and Eko Listiyorini (Bloomberg) Just as the world’s top sugar traders forecast a global shortage of the commodity, No. 1 raw-sugar importer Indonesia says it wants a record amount of the sweet stuff. ... Global sugar prices
February 13, 2020 Read Full Article
Ethanol Production in the Philippines Expected to Increase
by Matt Thompson (Ethanol Producer Magazine) The USDA’s Foreign Agriculture Service’s annual biofuels report for the Philippines says the country is poised to produce more ethanol in 2019 and 2020 than it did in 2018. The increase, the report says, is
February 03, 2020 Read Full Article
Industry Seeks Long-Term Ethanol Pricing Formula
by Preeti Bhagat (Cogensis) The sugar industry has asked the Prime Minister's Office to announce a long-term pricing formula for ethanol to attract more investment. It has also asked the government to announce the method used to calculate ethanol prices, which will
January 29, 2020 Read Full Article
Balrampur Chini Sees Government Push for Ethanol Bringing Stability for Sugar Suppliers
by Chandrakant Mahapatra (Bloomberg Quint) The government’s ethanol push will bring about predictability for sugar suppliers as a glut has forced them to keep prices low, according to Vivek Saraogi, managing director of Balrampur Chini Mills Ltd.—one of the nation’s
January 23, 2020 Read Full Article
Coop Sugar Mills Seek Restructure of Soft Loans to Factories in Maharashtra
(Financial Express) Maharashtra has not be able to take advantage of the Rs 15,000-crore loan scheme of the government given for sugar mills since the balance sheets of mills are not healthy, Naiknavare said. The National Federation of Cooperative Sugar Factories
December 27, 2019 Read Full Article
Carbohydrate Industry Outlook: The Digest’s 2019 Multi-Slide Guide to Carbs and Sugars
by Jim Lane (Biofuels Digest) Ah sugar, sugar, you are my candy girl. Fluid Quip Technologies is talking about industrial sugar of course, and its many challenges and opportunities. Check out this slide guide from Neal Jakel, Partner/Strategy and Technology
December 23, 2019 Read Full Article
Raizen Q&A: RenovaBio, Brazilian Corn Ethanol and the Importance of Alternative Markets
by Jacques Moss (knect365) Paulo Corte-Real Neves is Ethanol & Oil Products Trading Director at Raizen, a leading Brazilian sugarcane producer jointly owned by Cosan and Royal Dutch Shell. We sat down with him at the World Ethanol & Biofuels conference to
November 26, 2019 Read Full Article
Southern Hemisphere Spring Meetings in Brazil: Sugar, Ethanol, Biogas and Biodiesel—Whew!
by Cácia Pimentel* (Advanced Biofuels USA) Brazilian Biofuels Market players have been busy in the past days, with various seminars and forums organized to discuss the economic and technological development of the sector. Brazil is well known for its clean
November 13, 2019 Read Full Article
Large Groups Investing to Expand Ethanol Capacity in Brazil: Unica
by Marcelo Teixeira (Reuters) Large companies operating in the sugar and ethanol sector in Brazil are investing to expand capacity to produce the biofuel, due to the continuing strong local demand and low global sugar prices, said an executive from a
September 17, 2019 Read Full Article
Govt Hikes Ethanol Price to Cut Oil Import Bill by USD 1 Billion
(Economic Times) The decision was taken by the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi. The government on Tuesday raised the price of sugarcane-extracted ethanol used for blending in petrol by up to Rs 1.84 per litre as
September 04, 2019 Read Full Article
Chinese Demand Heats up Brazil’s Ethanol Industry
by Sarita Reed and Vinicius Fontana (China Dialogue) Adding ethanol to Chinese petrol will decrease emissions but could worsen Brazil’s deforestation -- There are 332 million cars on the road in China, more than anywhere in the world. Most run
August 14, 2019 Read Full Article
(Philippines) Congress to Probe Price, Supply Bottlenecks for Biofuels
by Charmaine A. Tadalan (Business World) The Joint Congressional Oversight Committee on Biofuels is set to investigate the biofuel industry over price increases in molasses when the 18th Congress opens its first regular session. Senator Sherwin T. Gatchalian, chair of the energy committee, said
August 02, 2019 Read Full Article
The Secret History of Why Soda Companies Switched From Sugar to High-Fructose Corn Syrup
by Tom Philpott (Mother Jones) In a mesmerizing recent article, Mother Jones’ Tim Murphy recounts the surprising backstory of one of corporate marketing’s greatest flops: Coca-Cola’s quickly aborted 1985 effort to tweak its formula and convince consumers to accept “New Coke.” ... Coca-Cola had already started
July 30, 2019 Read Full Article
Sugar Mills Go for Ethanol Production
by Navtan Kumar (Sunday Guardian Live) Indian sugar mills are gradually shifting towards ethanol production in the wake of surplus sugar production in the last few years. Ethanol is increasingly becoming popular as a green, non-polluting fuel. According to an India Sugar Mills
July 22, 2019 Read Full Article
Ethanol to Be Central Issue in India-Brazil Meeting -Industry Group
by Marcelo Teixeira (Reuters) Brazil and India are expected to sign a memorandum of understanding on production and trade of ethanol when leaders of the two countries meet in Brasilia later this year, an industry group said on Tuesday. According to UDOP, a
July 19, 2019 Read Full Article
Bunge Is in Talks With BP to Join Brazil Sugar-Ethanol Assets
by Fabiana Batista, Isis Almeida and Vinícius Andrade (Bloomberg/Yahoo!Finance) U.S. agribusiness giant Bunge Ltd. is in talks with British oil major BP Plc to form a sugar and ethanol joint venture in Brazil, according to people familiar with the matter. The companies are
July 11, 2019 Read Full Article
EID Parry Chalks out Expansion Plans to Tap Ethanol
(PTI/Money Control) The company has obtained in-principle approval from the Department of Food and Public distribution, for its expansion under the central government scheme, extending financial assistance to mills for enhancement and augmentation of Ethanol production capacity. ... The city-based company in its
July 09, 2019 Read Full Article
Ed Lotterman: Oil Prices, War, and a Bad Corn Crop
by Ed Lotterman (Bismarck Tribune) Unless National Security Adviser John Bolton and Secretary of State Mike Pompeo manage to gin up a war with Iran, the terrible crop conditions across much of the Midwest this year means that some fuel
July 01, 2019 Read Full Article
Stanger Sugar Mill to Turn Sugarcane Production to Alternative Green Fuel
by Penny Fourie (North Coast Courier) The production of biofuel as an economically viable industry in South Africa is no longer viewed as a pipe dream but an attainable goal aimed at leveraging sugarcane as a key strategic economic resource. -- The
July 01, 2019 Read Full Article
Brazil to Let Ethanol Sector Raise Capital Using Tax Free Notes
(Reuters) The Brazilian government will allow companies in the sugar and ethanol sector to raise capital for investments through the issuance of notes that are exempt from income tax, Energy Minister Bento Albuquerque said on Monday. Albuquerque and other government officials signed
June 18, 2019 Read Full Article
Glut in Sugar Industry: State Proposes to Use 25% Sugarcane
by Makarand Gadgil (Mumbai Mirror) The state sugar commissioner has proposed that one-fourth of the state's sugarcane be used to produce ethanol in a bid to reduce the glut in the sugar industry and help sugar factories pay farmers' dues. Sugar Commissioner Shekhar Gaikwad
June 13, 2019 Read Full Article
₹500-cr Fund Mooted for Ethanol Production in Maharashtra
by Rahul Wadke (The Hindu Business Line) The Sugar Commissioner of Maharashtra has recommended to the State government that ₹500 crore be made available to cooperative sugar mills in the State for developing infrastructure and creating capacity for ethanol production. Sugar Commissioner Shekhar Gaikwad
June 12, 2019 Read Full Article
Ethanol Saves Sugar Makers Amid Supply Glut
by Yash Upadhyaya (Bloomberg Quint) High-margin ethanol business aided India’s sugar makers’ earnings even as a record output in the domestic market pushed prices lower in the first half of the year. The distilleries business—that contributes 7-17 percent to the overall revenue
May 31, 2019 Read Full Article
Maharashtra Sugar Millers Seek Long-Term Pacts with OMCs for Ethanol
by Nanda Kasabe (Financial Express) Sugar millers in Maharashtra have sought the intervention of the Niti Aayog to ensure long term purchase agreements with Oil Marketing Companies (OMCs) on the lines of power purchase agreements with the cogeneration units set up by
May 15, 2019 Read Full Article
Splitting Ethanol Market Helps Make Brazil a Big Winner as US Struggles
(MENAFN) The ethanol market is splitting in two, which is having a big impact on the crops used to make the biofuel: corn in the US, and sugar in Brazil. There's a massive ethanol glut in the US. That's helping to drive
April 29, 2019 Read Full Article
Brazil Millers' Output Mix of Sugar and Ethanol a Hot Market Topic
(Business Times/Bloomberg) Brazil's sugar mills can make the switch to ethanol easier than ever before, making it harder to predict how much sweetener will come from the world's biggest producer and exporter. Take the case of Sao Paulo-based Usina Batatais. Just two
March 18, 2019 Read Full Article
OMCs Float Fresh Tender for Procuring 910 Million Litres of Ethanol
by Virendra Singh Rawat (Business Standard) Domestic sugarcane value chain getting lucrative with ethanol 'topping' -- In the backdrop of the Cabinet Committee on Economic Affairs (CCEA) approving Rs 2,790-crore interest subvention for bank loans worth Rs 12,900 crore to sugar mills aimed
March 15, 2019 Read Full Article
Sugar Set for 'Energycane' Reinvention
(University of Queensland/Phys.Org) Gene-editing sugarcane for use in renewable energy and bio-plastics could help secure the industry's future. The University of Queensland's Professor Robert Henry said sugarcane's reinvention as an "energycane" crop could sustain the industry in the face of falling global
March 13, 2019 Read Full Article
Only 7% of Sum Cleared for Ethanol Projects Disbursed
by Preeti Bhagat and Stuti Chawla (Cogencis) Banks have disbursed only 4 bln rupees of the 61.4-bln-rupee soft loan approved by the government to help sugar mills boost ethanol production, a senior government official said. As part of an incentive scheme announced in June to
February 27, 2019 Read Full Article
Maha Sugar Mill Takes Lead in Making Ethanol from Cane Juice
(India Post News Weekly) A cooperative sugar mill in Kolhapur district of Maharashtra has taken the lead in producing fuel grade ethanol directly from sugarcane juice in the state, a senior official said on Thursday. The Centre had in July last year
February 19, 2019 Read Full Article
Dreyfus Expects Faster Switching between Sugar, Ethanol in Brazil
Maha El Dahan and Dahlia Nehme (Reuters) Commodities trading firm Louis Dreyfus expects faster switching between sugar and ethanol production in Brazil, with more flexible mills leading to “dramatic” price-driven shifts.“Usually you have to see sugar playing a premium over
February 11, 2019 Read Full Article
Rs 8,500 Crore Investment Lined up for Ethanol; Two-Thirds by Sugar Mills
by Virendra Singh Rawat (Business Standard) Sugar mills in the top sugar producing states viz. Maharashtra and Uttar Pradesh are projected to account for 40% and 30% of the fresh ethanol capacity addition -- Amid the growing clamour to insulate the Rs
February 07, 2019 Read Full Article
Brazilian Ethanol Looks for Balance between Oil, Sugar Markets
by Nicolle Monteiro and Castro Beatriz Pupo (S&P Global) Brazilian ethanol prices, production and consumption patterns are more than ever driven by oil and gasoline prices. -- Ethanol's share of the 2018-19 sugar cane crop is expected by analysts to near 65%,its
February 06, 2019 Read Full Article
The Bio Wilburys: ExxonMobil, REG Add Clariant to Monumental Effort for Cellulosic-to-Biodiesel
by Jim Lane (Biofuels Digest) For some time, as the advanced bioeconomy has continued its pivot to deployment-scale diesel and jet fuels, there has been quite a bit of scrutiny and skepticism over the sourcing of enough sustainable feedstock to supply
January 24, 2019 Read Full Article
Platts 9th Annual Geneva Sugar Conference --- April 2-3, 2019 --- Geneva, Switzerland
The outlook for 2019/20 remains uncertain as the EU and world sugar prices attempt to recover from multi-year lows seen in 2018. The key questions are: will the price of sugar turn around in 2019, and if so, where will
January 15, 2019 Read Full Article
OMCs Blend Record 1.5 Billion Litres Ethanol with Petrol in 2017-18
Ajay Modi (Business Standard) OMCs had entered into contracts with sugar mills to procure 1.6 billion litres of ethanol during the last ethanol year. ... In June this year, the Centre, for the first time, fixed a separate price for ethanol produced from
December 21, 2018 Read Full Article
It's a Bitter End for Sugar as Investors Line Up for 2019 Losses
(Bloomberg) ... Millers could make more sugar as oil drop damps ethanol view ... The one thing that kept the rout from being even deeper: robust demand for ethanol in Brazil, the world’s biggest sugar grower and exporter. But now that
December 17, 2018 Read Full Article
India Set to Double Ethanol Blending into Gasoline to 8% in 2018-19: ISMA
by Ratnajyoti Dutta (S&P Global Platts) India is set to double its blending in the 2018-19 (October-September) season and achieve an 8% blending of ethanol with gasoline following government incentives such as making a higher price mandatory to be offered by state-owned
December 11, 2018 Read Full Article
Delays in Biofuel Framework Hinder Industry
by Paige Müller (Creamer's Engineering News) Despite the local sugar industry championing a bioethanol fuel subsidy as a potential method to relieve the burden on sugar through demand diversification, Ethanol Producers Association of Southern Africa secretary Alf Stevens suggests that
December 07, 2018 Read Full Article
Back Food Min to Seek further 74-bln-rupee Loan for 168 Ethanol Projects
By Ashna Mishra (Cogencis) After facilitating a soft loan of 61.39 bln rupees, the food ministry will soon seek Cabinet approval to facilitate additional loans worth around 74 bln to sugar mills to enhance their ethanol production capacity, sources said. The loans
December 06, 2018 Read Full Article
Betting on Ethanol, Brazilian Mills Turn Sour on Sugar
by Ana Ionova and Marcelo Teixeira (Reuters) Brazilian sugar companies are increasing their capacity to produce ethanol in the face of depressed global sugar prices and government policies expected to boost demand for the biofuel. A shift to ethanol in the 2018-19 season
December 03, 2018 Read Full Article
UP Sugar Mills to Add Ethanol Plants, Distilleries from Next Year: Yogi
by Virendra Singh Rawat (Business Standard) Blames previous governments for shutting, selling off state sugar mills -- Uttar Pradesh chief minister Yogi Adityanath on Thursday announced that the state sugar sector would witness the setting up of ethanol and distillery plants from next year
November 23, 2018 Read Full Article
Can Ethanol Change Business Dynamics for Sugar Industry?
by Yash Upadhyaya (Bloomberg Quint) ... The central government in May had asked oil marketers to target 10 percent blending of ethanol with petrol as part of a national policy for biofuels. In September, it hiked the procurement price of ethanol
November 05, 2018 Read Full Article
Brazil’s Corn-Based Ethanol Industry Booms
(Bloomberg/Hellenic Shipping News) The processing plants peppering the agricultural heartland of Brazil attest to the country’s position as the world’s biggest sugar-cane producer and the undisputed king of ethanol made from the crop. But debt has crippled the industry, paving the
August 24, 2018 Read Full Article
Ethanol Units Plan to Start Operations in Oct Following Govt Relaxation
by Dilip Kumar Jha (Business Standard) To add 250 mn litres of new capacity to the existing 2,750 million litres -- ... Encouraged by the government’s decision to allow the production of ethanol directly from sugarcane, independent distilleries are planning to commence
August 14, 2018 Read Full Article
Brazil's Unpopular Fuel Policy Means Sugar Faces Vote Threat
by Isis Almeida and Fabiana Batista (Bloomberg Quint) ... (Luis) Matos is one of millions of Brazilians who have cut back on car use after fuel costs climbed to a record. Like many in Latin America’s biggest economy, he’s also struggling to
June 28, 2018 Read Full Article
Indian Oil to Set up Rs 9 bn ethanol plant in Adityanath's pocket borough
by Virendra Singh Rawat (Business Standard) The company has sought 50 acres from a defunct sugar mill in Gorakhpur -- Public sector behemoth Indian Oil is looking to invest almost Rs 9 billion in a greenfield second-generation ethanol plant in Uttar Pradesh. The plant
June 20, 2018 Read Full Article
Govt Set to Announce Rs8,000 Crore Plan to Bail out Sugarcane Farmers
(Live Mint) The move comes close on the heels of the ruling Bharatiya Janata Party’s defeat in the Kairana Lok Sabha bypolls in Uttar Pradesh last week where dues to farmers were a major issue -- In a move to help sugar
June 05, 2018 Read Full Article
Thailand Lowers Sugar Export Volume, Sets Aside Extra for Ethanol Production
by Panarat Thepgumpanat and Patpicha Tanakasempipat (Reuters) Thailand has allocated an additional 300,000 tonnes of raw sugar for ethanol production this year, the country’s cane and sugar regulator said on Tuesday, amid weak prices and a large global surplus of the commodity. ... The
May 15, 2018 Read Full Article
Ethanol Parity Has 'Lost Relevance' as Indicator of Sugar Price Lows
by Mike Verdin (AgriMoney) Ethanol parity “has lost relevance” as a floor for world sugar prices, in a sign of Brazil’s reduced market grip, Rabobank said, as it hiked its forecast for the global output surplus this season, and forecast another
April 05, 2018 Read Full Article
Sugar Glut Pushes Brazil Mills into Ethanol, White Sugar, Washouts
by Marcelo Teixeira (Reuters) Brazilian mills are doing everything they can to keep raw sugar off the global market as Brazil’s cane harvest kicks off, to avoid worsening a glut that has driven prices to their lowest in two years. With the benchmark
March 19, 2018 Read Full Article
OPEC's Next Move Is Being Closely Watched by Sugar Traders
by Agnieszka De Sousa (Bloomberg) Any oil price move could have knock-on effect in sugar market; That’s because biofuel made from cane competes with gasoline -- As energy minsters meet in Vienna this week to discuss oil-supply cuts, the sugar world will also be keeping
November 30, 2017 Read Full Article
Ethanol Making Capacity Will Swell if There Are Incentives: ISMA D-G
by Kunal Bose (Business Standard) Interview with Abinash Verma -- Sugar prices at mill gate and retail outlets will remain at the levels seen in recent months, benefiting all stakeholders, says Abinash Verma, director-general of the Indian Sugar Mills Association, tells Kunal Bose.
October 14, 2017 Read Full Article
Brazil Slaps US with Ethanol Quota, 20 Percent Tariff
by Jim Lane (Biofuels Digest) In Brazil, the Brazilian Chamber of Foreign Trade has approved a recommendation to impose a 20 percent tariff on U.S. ethanol imports after a 600 million liter tariff rate quota, according to postings from the
August 24, 2017 Read Full Article
Cheaper or Greener: Colombia Eyes US Ethanol with Trepidation
by Sophie Byron (Platts) ... As the 13th largest producer of sugar in the world, Colombia is sitting on a substantial natural resource. The production and processing of sugarcane as a feedstock is focused on a region called the Cauca River Valley,
August 17, 2017 Read Full Article
New Brazil Ethanol Policy Should Boost Demand, M&A
by Marcelo Teixeira and José Roberto Gomes (Reuters) An overhaul of Brazil's biofuels policy in coming days, aimed at cutting the country's carbon emissions, should boost demand for cleaner fuels, stabilize the volatile industry and accelerate a recent wave of mergers
August 15, 2017 Read Full Article
Molasses Would Be the Preferred Raw Material for Ethanol Production in Guyana
by Audreyanna Thomas (Guyana Sugar Corporation Inc./Stabroek News) The Guyana Sugar Corporation Inc (GuySuCo) would like to provide some information which it is hoped would add to the current debate on ethanol production as a viable business activity for the corporation. ... It
August 14, 2017 Read Full Article
Trump Might Start an Ethanol Trade War With Brazil
by Mario Parker and Fabiana Batista (Bloomberg) Brazil weighing tariffs on imports made from U.S. grain; Hedge funds cut corn holdings, get less bearish on sugar -- President Donald Trump’s America First rhetoric is doing no favors for U.S. ethanol producers,
August 08, 2017 Read Full Article
Products, and Open for Contract Manufacturing: The Digest’s 2017 Multi-Slide Guide to REG Life Sciences
by Jim Lane (Biofuels Digest) In January 2014, REG acquired LS9 for a purchase price of up to $61.5 million. Most of the old LS9 team, including the entire R&D leadership group, joined the newly named REG Life Sciences, LLC. The
July 25, 2017 Read Full Article
Tasty Energy Treats You Can Make From Brownies
by Jim Lane (Biofuels Digest) Terpenes may be the most unloved class of energy molecule of all time, if you compare R&D spending to potential. Even ARPA-E, the home of high-risk, high-reward government research into energy, hasn’t delved into terpenes since
June 28, 2017 Read Full Article
Sugar Futures Recover from One-Year Lows, as 'Ethanol Parity' Looms
(AgriMoney.com) Sugar futures recovered from a one-year low amid ideas that their tumble has taken them to the "floor" of ethanol parity, where it becomes as lucrative for processors to turn cane into biofuel as sweetener. ... Separately, Sucden Financial said that
May 09, 2017 Read Full Article
EU Biofuels Policy: What Is the Impact on Rural Development?
by Sarantis Michalopoulos (EurActiv) EU farmers are “very concerned” about the impact of the European Commission’s change of heart on biofuels, claiming the EU’s restrictive policy is putting thousands of rural jobs at risk. Yet, the EU executive defended its proposed
May 08, 2017 Read Full Article
The Digest’s 2017 Multi-Slide Guide to Industrial 5C and 6C sugars
by Jim Lane (Biofuels Digest) The Digest had a well-received webinar on C5 and C6 sugars, featuring in-demand industry consultant David Dodds and Fluid Quip exec Jeffrey Robert — looking at transformative approaches to making sugars and the chemistry that we can
May 03, 2017 Read Full Article
Tight Fuel Ethanol Supplies in Brazil Boost U.S. Exports
(Hoosier Ag Today/NAFB News Service) U.S. Fuel Ethanol exports are up sharply in the current marketing year, thanks in part to tighter fuel supplies in Brazil, which are resulting in higher U.S. imports. The change can be traced to an
May 01, 2017 Read Full Article
Brazil Minister Backs Tariff to Curb U.S. Ethanol Imports
by Anthony Boadle and Marcelo Teixeira (Reuters) Agriculture Minister Blairo Maggi has asked Brazil's foreign trade council to impose tariffs on ethanol imports following a surge in shipments from the United States, an official said on Thursday, a move that could
April 28, 2017 Read Full Article
Ethanol Traders Facing Losses as Brazil Import Bet Goes Awry
by Fabiana Batista (Bloomberg) Buying of cheaper U.S. fuel made from corn surged in February; Price of local supply made from sugar plunged 20% by March 31 -- A few months ago, some ethanol traders in Brazil thought they had a
April 11, 2017 Read Full Article
Biofuels: Ethanol’s Growth Is Spelled I-N-D-I-A
by Jim Lane (Biofuels Digest) When USDA forecasts of corn ethanol exports to China dropped below 80 million gallons from 225 million last year — and Green Plains CEO Todd Becker issued a “zero exports expected” addendum to his 2017
March 31, 2017 Read Full Article
Industry Seeks Higher Sugar Price; Gadkari for Reasonable Rate
(MoneyControl) Amid demand from the industry to allow retail sugar prices to rise up to Rs 45/kg, Union Minister Nitin Gadkari today said the rates should be reasonable for consumers as the government has a difficult job to balance interest
December 23, 2016 Read Full Article
Fuels, Joules & Molecules: The Digest’s 2016 Multi-Slide Guide to Paul Bryan’s “The Future of Biomass”
by Paul Bryan (Biofuels Digest) Without a significant cost of CO2 emissions, biofuels will never gain enough market share to meaningfully reduce those emissions,” said Paul Bryan at ABLC Next in San Francisco. Agree, disagree? Former VP Biofuels for Chevron and
November 28, 2016 Read Full Article
Petrobras Mulls Lowering Brazil Fuel Prices in 2016
by Shoaib-ur-Rehman Siddiqui (Business Recorder) State-controlled Brazilian oil company Petroleo Brasileiro SA is considering lowering wholesale gasoline and diesel prices by year-end, which would be the first time since September 2015, O Globo newspaper said on Wednesday. ... The lowering of
September 22, 2016 Read Full Article
Answers to Your Questions about Renewables and the Advanced Bioeconomy
by Jim Lane and Ron Cascone (Biofuels Digest/NEXANT) Recently, we held a popular webinar on Renewables and the Advanced Bioeconomy with NEXANT principal Ron Cascone, for which you can see the slides here. During the webinar, we received a number of excellent questions,
September 22, 2016 Read Full Article
Doing More (and Better) with Less: 2016 Global Agribusiness Forum Shows the Ways to Provide Food and Bioenergy, with Sustainability, for an Increasing Population
by Lais Thomaz* and Dan Quadros** (Advanced Biofuels USA) With diverse and dynamic programming involving agribusiness, food safety, nutrition, sustainability and bioenergy, the 2016 GAF achieved its mission to gather producers, companies and academia to discuss the importance of agribusiness supply
July 26, 2016 Read Full Article
Cellulosic Sugars Heading for Scale: The Digest’s 2016 Multi-Slide Guide to Leaf Resources
by Jim Lane (Biofuels Digest) Leaf Resources Limited (ASX:LER) is focused on making sustainable products from plant biomass, offering an advanced technology package for breaking down plant derived biomass to useful, sustainable, renewable and biodegradable products. Leaf Resources’ Glycell technology is
July 26, 2016 Read Full Article
What’s New and Important About C5 and C6 Sugars?
by Lorenz Bauer (Lee Enterprises Consulting, Inc./Biofuels Digest) What’s up with C5 and C6 sugars? Given that a significant portion of the several billion dollars spent on renewable fuels spending involves these molecules, it is not surprising that progress is
July 15, 2016 Read Full Article
Powerful Crap: The Quest to Turn Smelly Sewage into Sweet Biodiesel
by David MacNeal (Ars Technica) The facility smell? “That’s money,” Todd French says. “That’s what it smells like.” -- “By the time it gets here, David, it’s no longer my poop,” says microbiologist Todd French with conviction. “I don’t want
February 23, 2016 Read Full Article
Dealing with India's Sugar Mess
by Prerna Sharma (Nikkei Asian Review) Global commodity markets are going through one of their worst phases, thanks to sluggish demand and supply gluts. Most agricultural commodities have touched all-time price lows -- down 40% to 50% on average from
January 20, 2016 Read Full Article
Flex Fuel Policy of Government to Curb Pollution Worry Automakers
by Sriram Lakshman (The Hindu Business Line) The move will decrease pollution and encourage a diversion in the sugar industry’s output away from sugar and towards ethanol -- India can soon expect a policy on flexible-fuel cars, cars that can run
January 19, 2016 Read Full Article
Any Alcohol into Jet Fuel: The Digest’s 2016 8-Slide Guide to Byogy
by Jim Lane (Biofuels Digest) Byogy has developed a catalytic platform that converts any source of ethanol, butanol, mixed alcohols, or related olefins, into full replacement, and cost competitive biofuels including gasoline, diesel and jet fuel. Byogy’s jet fuel is
January 04, 2016 Read Full Article
Guest Post: The Petrobras Corruption Scandal and Brazil’s Ethanol Sector
by Luis Ferreira Alvarez (Council on Foreign Relations) As Brazil’s Petrobras corruption investigation continues to roil its economy and politics, the ethanol sector is emerging as a clear beneficiary. New government policies are boosting ethanol sales, chipping away at gasoline’s
October 26, 2015 Read Full Article
Sugar Mills Face Cartelisation Heat
by Shreya Jai & Deepak Patel (Business Standard) CCI investigation finds proof of collusion in selling ethanol to oil marketing companies -- The Ethanol Blending Programme of the Centre to cut its fuel import bill is in trouble, with the
October 21, 2015 Read Full Article
8 Ways around the Big, Bad Oxygen Problem in the Advanced Bioeconomy Parts 1 and 2
by Jim Lane (Biofuels Digest) In the terrestrial world, oxygen is colorless, odorless, and try to get through an hour without some. In the Bioeconomy Cinematic Universe, oxygen is harder than steel, heavier than a black hole, and higher than
October 14, 2015 Read Full Article
What Is the Future of Ethanol in Brazil? Perspectives from Datagro Sugar and Ethanol Conference
by Laís F. Thomaz* (Advanced Biofuels USA) The effect of increased consumption of ethanol due to the reduction of state tax called ICMS (Tax over Merchandise and Services Circulation) has been the reason for celebration by all the energy agro
September 29, 2015 Read Full Article
Brazil’s Clever Solution to Fuel the Country
(CCTV-America) Sugar prices are near record lows causing Brazilian companies to reduce their output in favor of a more profitable option: producing fuel. Brazil has become a pioneer in using ethanol to power light vehicles. CCTV’s Paulo Cabral filed this report
August 19, 2015 Read Full Article
Exports, Strong Ethanol Policy Required for Salvaging Sugar Companies: Narendra Murkumbi
(Economic Times) ... This whole problem with oversupply, negative margins and industry having big losses is slowly transforming on the ground into an agrarian crisis and how this government will react to that and what policies it will bring in
August 17, 2015 Read Full Article
Ethanol Acts as Lone Bright Spot Amid China Commodity Gloom
by Chris Prentice and Niu Shuping (Reuters) Recent news from China makes depressing reading for commoditiesproducers, with a slowing economy, tumbling stock prices and a currency devaluation all signaling weaker demand. There is one exception: the world's second biggest economy has begun
August 17, 2015 Read Full Article
THE CASE FOR BIOFUEL: The Magic Bullet for Energy Security and Rural Development in Africa
by Olatomiwa Bifarin* (Advanced Biofuels USA) Around 770,000 BC, it was fire, at some point – wood, dung and coal, to the now-ominous fossil fuels. This is the evolution of energy, and today the evolution must be accelerated to save
July 16, 2015 Read Full Article
Argentinian Ethanol Producers Seek 12% Blend in Gasoline
(Platts) Argentinian ethanol producers are pressing the government to boost the blend in gasoline to 12% from 10%, an effort led by the struggling sugarcane sector, an industry source said Thursday. ... With a glut of sugar in the world, it is
May 04, 2015 Read Full Article
US Poised for Biobased Chemicals Breakout, Says National Research Council
by Jim Lane (Biofuels Digest) Though challenges remain, particularly in affordable feedstock, the US National Research Council says “Despite impressive recent and projected growth, the manufacturing of chemicals using biological synthesis and engineering could expand even faster.” ... In Washington, the National
April 06, 2015 Read Full Article
Mumias Sugar to Take on Spectre in Ethanol Plant Strategy
(The Star) Mumias Sugar will start buying bagasse and molasses from rivals to feed its ethanol production plant, it said after reporting massive losses for the first half ended December 31. Ethanol revenues decreased by 23 per cent in the six
March 10, 2015 Read Full Article
VIII Annual ISO DATAGRO New York Sugar and Ethanol Conference: Report
by Pamela Rockwell* (Advanced Biofuels USA) It was fitting that the VIII annual ISO DATAGRO New York Sugar and Ethanol Conference took place in the Empire Room of the Waldorf Astoria in New York City. The event is sponsored jointly by
September 08, 2014 Read Full Article
Ethanol, Oil, Corn Duke It Out in “The Battle of the Benjamins”
by Jim Lane (Biofuels Digest) Corn producers, ethanol producers and crude oil refiners: locked in a rollercoaster of commodity prices, and a battle for market share and profits. As the EPA readies to unleash its view of the future volumes
June 13, 2014 Read Full Article
Ethanol Blending at 10% Won't Be Major Game Changer: Praj
(Moneycontrol.com) Praj Industries has been on focus post reports suggesting that ethanol blending with petrol could become a reality soon. Praj, which provides technology and machinery for ethanol production, is likely to benefit from the move. In an interview to CNBC-TV18’s Ekta
June 09, 2014 Read Full Article
USDA Solicits New Bids under the Feedstock Flexibility Program
(US Department of Agriculture) The U.S. Department of Agriculture today announced that the Commodity Credit Corporation (CCC) is offering to sell its recently acquired sugar inventory for use as a feedstock for bio-energy production using the authority of the Feedstock
November 19, 2013 Read Full Article
Bunge Signals a Shift from Sugar; What’s the Impact for Advanced Biofuels?
by Jim Lane (Biofuels Digest) In New York, in the wake of a $37 million Q1 loss in its sugar unit, Bunge CEO Soren Schroder, who took the reins of the company in June, announced yesterday that the trading giant
October 25, 2013 Read Full Article
FSA - Farm Service Agency : USDA Announces September Feedstock Flexibility Program Results
(US Department of Agriculture/4-Traders) September 30, 2013 - The U.S. Department of Agriculture's Commodity Credit Corporation (CCC) today announced the results of the Sept. 18, 2013, Feedstock Flexibility Program (FFP) offer. CCC purchased 136,026 short tons of refined beet sugar
October 02, 2013 Read Full Article
Farmers Demand Permission to Produce Ethanol from Sugarcane
by Vivek Waghmode (Times of India) Farmer leaders on Tuesday stepped up their demand for permission to tillers to produce ethanol from sugarcane they produce and sell the byproducts. "The Centre has permitted to blend only five per cent ethanol into petrol, while countries like Brazil
September 26, 2013 Read Full Article
54.40 or Fight: the Cost of Biofuels, Emissions, Energy Security and Economic Development
by Jim Lane (Biofuels Digest) ...The financing of biofuels is founded, to put it as simply as possible, upon the economics of substitution. On the one hand, there’s the price of energy currently locked inside biomass; on the other hand,
July 16, 2013 Read Full Article
US Sugar-for-Ethanol Plan Advances
(Business Recorder) The US government is close to buying surplus sugar to sell to ethanol producers at a loss, in an effort to bolster weak domestic sugar prices and avoid losing hundreds of millions of dollars in defaulted loans. The
July 02, 2013 Read Full Article
USDA Asks White House to Approve Sugar-for-Ethanol Program
by Charles Abbott (Reuters) The White House will decide in coming weeks whether to attempt to blunt low prices in the U.S. sugar market by buying hundreds of thousands of tons of surplus sugar and selling it at a loss
April 09, 2013 Read Full Article
Why Affordable Renewable Sugars are a Monster Prize
by Jim Lane (Biofuels Digest) ...Today, we could use a good five-cent renewable sugar, suitable for microorganisms that, from sucrose, make affordable renewable fuels and chemicals. The technologies of companies like Virent, Solazyme, LS9 and Amyris depend on access to
December 18, 2012 Read Full Article
LS9 Scales Up in Chemical Business As Biofuels Industry Re-Tools
by Bernadette Tansey (Xconomy) The South San Francisco company LS9 recently produced five tons of industrial chemicals from plant sugars at a Florida demonstration facility, a step toward proving that its genetically engineered microbes can manufacture carbon compounds and fuels at a commercial
October 16, 2012 Read Full Article
Steel in the Ground: The Largest Cellulosic Ethanol Plants in the World Are Ready to Prove Their Mettle
by Kris Bevill (Ethanol Producer Magazine) Guido Ghisolfi is a confident man. A chemical engineer by trade, at 55, he’s already spent three decades leading research and development (R&D) activities at Italy-based Mossi & Ghisolfi Group, a $3 billion per
April 16, 2012 Read Full Article
Virdia Ups the Ante in the Race for the New Sugars
by Jim Lane (Biofuels Digest) ...In California, Virdia, formerly HCL CleanTech, a leading developer of cellulosic sugars, today announced major company milestones, including a new brand and CEO, its latest funding round, and a $75 million deal with the Mississippi
March 06, 2012 Read Full Article
Sugarcane Ethanol Economics
by Mike Bryan (Ethanol Producer Magazine) ...Between 2006 and 2011, the price of sugar, while having numerous peaks and valleys, has risen from about 18 cents per pound to as high as 29 cents per pound. Given the fact that
December 14, 2011 Read Full Article
Codexis, Mascoma Show that Low-Cost Sugar is the Key, as Biofuels Moves from R&D into Industrial Era
by Jim Lane (Biofuels Digest) ...“The government rushed into investments, with no diligence,” says Codexis chief Alan Shaw. “They are just not industrialists, in my opinion.” Two major announcements this week drive the point home in advanced biofuels. In California, Codexis introduced its
December 12, 2011 Read Full Article
Sugar Mills not Keen on Selling Ethanol to Oil Companies as Alcohol Industry Gives Better Profit
by Jayashree Bhosale & Madhvi Sally (Economic Times) Sugar mills aren't keen on selling ethanol to petroleum marketing companies this year because the byproduct fetches more money if sold to the alcohol industry. The union government launched the ethanol-blending programme last